The European Smaller Companies Trust (LON:TRG) Shares Down 1.8% – Should You Sell?

The European Smaller Companies Trust PLC (LON:TRG) dropped 1.8% during trading on Wednesday . The stock traded as low as GBX 175 ($2.28) and last traded at GBX 175 ($2.28). Approximately 107,418 shares were traded during trading, a decline of 51% from the average daily volume of 221,291 shares. The stock had previously closed at GBX 178.20 ($2.32).

The European Smaller Companies Trust Price Performance

The stock has a 50-day moving average of GBX 175 and a two-hundred day moving average of GBX 175. The firm has a market cap of £701.52 million and a price-to-earnings ratio of 2.13. The company has a current ratio of 0.04, a quick ratio of 0.01 and a debt-to-equity ratio of 10.60.

About The European Smaller Companies Trust

TR European Growth Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of Europe. It seeks to invest in stocks of companies operating across diversified sectors.